The Gambia government has resolved to sell four aircraft obtained at
the time of the government of former President Yahya Jammeh, Minister of
Finance and Economic Affairs, Mr. Amadou Sanneh, has said.
The Minister made the announcement to lawmakers, when he presented
the revised 2017 draft estimates of revenue and expenditure (the revised
national budget) of the Gambia government, to the National Assembly in
Banjul.
The planes, which are believed to be parked at Banjul International
Airport, and four landed properties situated in the Tourism Development
Area, would be sold before the end of this year.
It is expected they assets would generate D471 million (more than $10
million) which would be put in state coffers to address the economic
challenges the new government inherited from Jammeh’s 22-year rule.
There is a need to revise the budget by reducing the estimated
expenditure in the original 2017 budget prepared in 2016 by the former
government, and the new government will manage with the funds which
become available up to the end of this year, Sanneh further told the
country’s lawmakers.
Consequently, Minister Sanneh called for financial discipline in the
public sector, citing the civil servants’ use of government vehicles,
for example, as the state needs to cut down on fuel supply expenditure,
according to his statement.
Meanwhile, he went on, the government through the Finance Ministry in
Banjul has asked for help from the Stolen Assets Recovery Unit of the
World Bank, to recover the allegedly stolen wealth under the former
government.
Ex-President Jammeh was accused of withdrawing millions of dollars
from the state coffers, and has since left the country for Equatorial
Guinea where he is now living in exile.
The new government under President Adama Barrow has since frozen all
his known assets, including 131 landed properties dotted throughout the
country, as investigations into his alleged criminal and economic crimes
continue.
Source: APA
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